Melee Auction - Buyer Information
Auction Format
Rapaport Melee Auctions are similar to silent auctions and tenders with viewing
over a specific period of time. All bids must be placed by specified deadline to
be counted for that auction. Once the Auction closes, suppliers have 1 business
day to approve or reject the highest bids. Buyers are then shortly invoiced for
all lots accepted.
To Participate as a Bidder
Become a Rapaport Trading Partner:
1. Register to become a Rapaport Trading Member
2. Submit a copy of your company's Business License or Certificate of Incorporation
(Via email: auctions@rapaport.com or
fax: +1-646-572-8535)
3. Submit a Bid Deposit of 10% of your bid limit via wire or check
Schedule an appointment:
1. Contact us by Skype
2. Email: auctions@rapaport.com
3. Call: +1-800-488-9108
Submit Bids:
1. Download the Auction Bid Form and email to
bids@rapaport.com
2. Download the Auction Bid Form and hand deliver a sealed
envelope to Rapaport New York
3. Download the Auction Bid Form and fax it to +1-646-572-8535
Payment:
* Sellers pay a commission; there are no buyer fees.
* Invoices will be issued to buyers the Monday after Auction closing
* Buyers must make full payment up to 3 business days after invoices are issued
Delivery of Diamonds:
Upon receipt of funds, lots will be released to winning buyers at the Rapaport office
where the auction was held. Shipping can be coordinated to be shipped under a buyer’s
carrier account.
Sales terms:
All sales are final, AS-IS, for cash with no returns, refunds or exchanges. Bidders
are encouraged to view all lots. Rapaport does not guarantee the quality of any
diamond or grading report. Rapaport does guarantee that the diamond matches the
grading report. Additional important details are outlined in the Bidder Terms and
Conditions Form.